&ORVH3HUVRQDO3URWHFWLRQ
6XOWDQRI%UXQHL
ZLQJVLQWR&DQEHUUD
:RUGVDQGSKRWRV%ULDQ+DUWLJDQ
7KH6XOWDQRI%UXQHLFHQWUHEHLQJLQWURGXFHGWR$XVWUDOLDQRI¿FLDOVE\+LV([FHOOHQF\
*RYHUQRU*HQHUDO0LFKDHO-HIIHU\ULJKWDW)DLUEDLUQ$LUSRUW&DQEHUUD
,Q)HEUXDU\WKH6XOWDQRI%UXQHLÀHZKLPVHOIDQGDODUJH
HQWRXUDJHLQWR&DQEHUUDRQKLV¿UVWRI¿FLDOYLVLWWR$XVWUDOLD
+HUHWRVLJQDJRYHUQPHQWWRJRYHUQPHQWDJUHHPHQWRQFRXQWHUWHUURULVP
WLHVEHWZHHQWKHWZRFRXQWULHVWKHUR\DOYLVLWRUZDVDFFRUGHGWKHIXOO
WUDSSLQJVRIDQRI¿FLDOVWDWHYLVLWLQFOXGLQJ$)3&ORVH3HUVRQDO3URWHFWLRQ
6WDUWLQJWKHYLVLWLQ&DQEHUUDZLWKDIXOOFHUHPRQLDOPLOLWDU\ZHOFRPHDW5$$)
%DVH)DLUEDLUQ+LV0DMHVW\3DGXND6HUL%DJLQGD6XOWDQ+DML+DVVDQDO
%RONLDK0X¶L]]DGGLQ:DGGDXODKZDVJUHHWHGE\*RYHUQRU*HQHUDO0LFKDHO
-HIIHU\'HIHQFH)RUFHFKLHI3HWHU&RVJURYHDQGRWKHUGLJQLWDULHV
$JXLGHGWRXURIWKH:DU0HPRULDODQGDFRXSOHRIµKRWODSV¶RQDORFDO
FORVHGGULYLQJFLUFXLWZLWK$XVVLH96XSHUFDUFKDPSLRQGULYHU0DUN6NDLIH
ZHUHDOVRRQWKH6XOWDQ¶V&DQEHUUDLWLQHUDU\EHIRUHKHÀHZRXWWR6\GQH\
DQG¿QDOO\¿QLVKLQJLQ3HUWK
%UXQHL'DUXVVDODP%UXQHL$ERGH
RI3HDFHLVD6XOWDQDWHZKLFK
RFFXSLHVVTXDUHNLORPHWUHV
RQWKHQRUWKZHVWFRUQHURIWKH
LVODQGRI%RUQHR,WVFDSLWDO%DQGDU
6HUL%HJDZDQLVVLWXDWHGRQWKH
%UXQHL5LYHU3ULPDU\DQGVHFRQGDU\
UDLQIRUHVWFRYHUVDSSUR[LPDWHO\
SHUFHQWRI%UXQHL¶VODQGPDVV
%UXQHLFODLPVDNP([FOXVLYH
(FRQRPLF=RQH((=ZKLFK
RYHUODSVRWKHUFODLPVLQWKH6RXWK
&KLQD6HD
%UXQHLLVUXOHGE\+LV0DMHVW\WKH
6XOWDQDQG<DQJ'L3HUWXDQRI
%UXQHL'DUXVVDODP+LV0DMHVW\
3DGXND6HUL%DJLQGD6XOWDQ+DML
+DVVDQDO%RONLDK0X¶L]]DGGLQ
:DGGDXODKWKHWKLQRQHRIWKH
ROGHVWFRQWLQXRXVOLQHVRIPRQDUFK\
LQWKHZRUOG
,QIRUPDWLRQREWDLQHGIURP'HSDUWPHQWRI
7KH$XVWUDOLDQ:DU0HPRULDOKRVWHGDYLVLWE\WKH6XOWDQDQGKLVSDUW\
7KH6XOWDQRI%UXQHLZLWK9GULYHU0DUN6NDLIHDQG
0DUN9DLOHWKH)HGHUDO7UDGH0LQLVWHU
3ODW\SXV0DJD]LQH²'HFHPEHU
)RUHLJQ$IIDLUVDQG7UDGHZHEVLWH